Per Day Interest Rate Calculator

.sip-calculator-container { font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif; max-width: 800px; margin: 20px auto; padding: 25px; border: 1px solid #e1e4e8; border-radius: 12px; background-color: #ffffff; box-shadow: 0 4px 15px rgba(0,0,0,0.05); color: #333; } .sip-calc-header { text-align: center; margin-bottom: 30px; } .sip-calc-header h2 { color: #2c3e50; margin-bottom: 10px; } .sip-grid { display: grid; grid-template-columns: 1fr 1fr; gap: 20px; margin-bottom: 25px; } @media (max-width: 600px) { .sip-grid { grid-template-columns: 1fr; } } .sip-input-group { display: flex; flex-direction: column; } .sip-input-group label { font-weight: 600; margin-bottom: 8px; font-size: 14px; color: #4a5568; } .sip-input-group input { padding: 12px; border: 2px solid #edf2f7; border-radius: 8px; font-size: 16px; transition: border-color 0.3s; } .sip-input-group input:focus { outline: none; border-color: #4299e1; } .sip-calc-btn { background-color: #48bb78; color: white; border: none; padding: 15px 30px; font-size: 18px; font-weight: bold; border-radius: 8px; cursor: pointer; width: 100%; transition: background-color 0.3s; } .sip-calc-btn:hover { background-color: #38a169; } .sip-results { margin-top: 30px; background-color: #f7fafc; padding: 20px; border-radius: 8px; display: none; } .result-item { display: flex; justify-content: space-between; padding: 10px 0; border-bottom: 1px solid #e2e8f0; } .result-item:last-child { border-bottom: none; } .result-label { color: #718096; font-weight: 500; } .result-value { font-weight: 700; color: #2d3748; } .sip-article { margin-top: 40px; line-height: 1.6; color: #4a5568; } .sip-article h3 { color: #2d3748; margin-top: 25px; } .sip-article ul { padding-left: 20px; } .highlight { color: #2f855a; font-weight: bold; }

SIP Returns Calculator

Estimate the future value of your Systematic Investment Plan (SIP)

Total Invested Amount: $0.00
Estimated Wealth Gain: $0.00
Total Maturity Value: $0.00

What is a SIP (Systematic Investment Plan)?

A Systematic Investment Plan (SIP) is a disciplined approach to investing in mutual funds. Instead of investing a lump sum of money at once, you invest a fixed amount at regular intervals (usually monthly). This strategy leverages Rupee Cost Averaging and the Power of Compounding to build significant wealth over the long term.

How Does SIP Math Work?

The SIP formula calculates the future value of a series of monthly payments based on a specific interest rate. Unlike a simple interest calculation, SIP uses compound interest where your returns generate their own returns.

The formula used in this calculator is:

FV = P × [({1 + i}n – 1) / i] × (1 + i)

  • P: Monthly investment amount
  • i: Monthly interest rate (Annual rate / 12 / 100)
  • n: Total number of months (Years × 12)

Example Calculation

If you invest $500 every month for 10 years at an expected return of 12% per annum:

  • Total Amount Invested: $60,000
  • Estimated Returns: $56,170
  • Total Maturity Value: $116,170

As you can see, the wealth gained is almost equal to the principal invested due to the compounding effect over a decade.

Benefits of Starting Early

The biggest factor in SIP success isn't the amount of money you invest, but the time you give that money to grow. Starting five years earlier can often double your final maturity value because of the exponential nature of compounding. SIPs also help investors avoid the stress of "timing the market" by buying more units when prices are low and fewer units when prices are high.

function calculateSIP() { var monthlyAmount = parseFloat(document.getElementById("monthlyAmount").value); var annualRate = parseFloat(document.getElementById("expectedRate").value); var years = parseFloat(document.getElementById("tenureYears").value); if (isNaN(monthlyAmount) || isNaN(annualRate) || isNaN(years) || monthlyAmount <= 0 || annualRate <= 0 || years <= 0) { alert("Please enter valid positive numbers for all fields."); return; } // Convert annual rate to monthly rate var i = annualRate / 12 / 100; // Total months var n = years * 12; // SIP Formula: FV = P × [({1 + i}^n – 1) / i] × (1 + i) var maturityValue = monthlyAmount * ((Math.pow(1 + i, n) – 1) / i) * (1 + i); var totalInvested = monthlyAmount * n; var wealthGain = maturityValue – totalInvested; // Display Results document.getElementById("resTotalInvested").innerText = "$" + totalInvested.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById("resWealthGain").innerText = "$" + wealthGain.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById("resMaturityValue").innerText = "$" + maturityValue.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById("sipResults").style.display = "block"; }

Leave a Comment